947 N Union St, Olean, NY 14760
Property image
Property image
FOR SALE
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$159,900

  • 6 Beds
  • 3 Baths
  • 3,536 sqft

947 N Union St, Olean, NY 14760

Est. Mortgage $1,245/mo*
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We estimate this home will sell faster than 97% nearby.

Home Highlights

Multi-Family
Built in 1915
$45/sqft

Local Information

  • Map ViewExplore the area around 947 N Union St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Incredible woodwork throughout
THREE UNITS, THREE LONG-TERM TENANCIES, AND WOODWORK YOU HAVE TO SEE

Some multi-family properties are bought for the spreadsheet alone. This one gives you both — a solid set of numbers and a building people actually want to live in.

THE CONDITION

The property presents as well maintained throughout — looked after rather than merely occupied. All three units are in solid rentable condition today, with incredible woodwork throughout.

WHAT HAS ALREADY BEEN DONE

NEW SEWER LINE FROM THE STREET. If you have owned rental property in an older neighborhood, you know exactly what this is worth. It is among the most expensive and disruptive repairs a building of this era can face, and it is done.
UPDATED ELECTRICAL PANELS.
UTILITIES LARGELY SEPARATED by unit, keeping operating costs predictable and accountability clear.

THE LAYOUT

Three units, six bedrooms, and three baths in total. Each unit has its own porch—private outdoor space for each tenancy—and the upstairs unit has two. The front lower unit has its own laundry. The upper and rear units share a laundry area in the basement.

THE INCOME PICTURE

All three units are occupied under long-term tenancies, so the property produces income from day one rather than after a lease-up period. Current rents sit below market. That is deliberate, not an oversight: the income has room to move for a buyer who wants it, and the in-place figures are conservative rather than stretched.

PLEASE NOTE, in the interest of a clean transaction: there is no off-street parking, and the owner currently pays electric and water for the lower front and rear units.

AVAILABLE AS A PACKAGE

These three units may be purchased together with a nearby duplex held by the same owner — a combined five units in a single transaction, with one seller and one closing timeline. Each property is a one- to four-unit residential building and can also be purchased individually. Buyers should confirm financing structure with their own lender.
We estimate this home will sell faster than 97% nearby.
Last check for updates: about 10 hours ago
Listing by: Howard Hanna Professionals - Olean, (716) 372-1155
Paul Pezzimenti, (716) 378-7039
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1710917
Also Listed on NYSAMLSs.

Home Details for 947 N Union St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Dirt Floor,Full
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3536 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water HeaterLaundry: Common Area
Heating & Cooling
Heating: Gas,Forced Air,Wall FurnaceHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Hardwood, Varies, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Hardwood, Varies, Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Covered, PorchFoundation: Block, Stone
Parking & Garage
Parking: No Driveway,On Street
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Days on Market: 24

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: ResidentialProperty Subtype: Triplex, Multi FamilyArchitecture: Other,See Remarks,Triplex
Building
Construction Materials: Wood Siding, Copper Plumbing, PEX Plumbing
Property Information
Condition: ResaleParcel Number: 04120009404900010180010000

Price & Status

Price
List Price: $159,900Price Per Sqft: $45
Status Change & Dates
Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: Olean
School Information
Elementary School: East View ElementaryElementary School District: OleanJr High / Middle School: Olean MiddleJr High / Middle School District: OleanHigh School: Olean Senior HighHigh School District: Olean

Agent Information

Listing Agent
Listing ID: R1710917

Building

Building Area
Building Area: 3536 Square Feet

Community

Not Senior CommunityUnits in Building: 3

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 5227.2 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA

Rental Terms, Policies & Fees

Rent Includes: Other, See RemarksOwner Pays: Other, See Remarks

Miscellaneous

BasementMls Number: R1710917Living Area Range Units: Square FeetAttribution Contact: 716-378-7039Universal Property Id: US-36009-N-04120009404900010180010000-R-N

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Olean

At least 74 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 87 % Say yards are well-kept

  • 87 % Say it's dog friendly

  • 83 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 78 % Say car is needed

  • 74 % Say kids play outside

  • 73 % Say it's walkable to restaurants

  • 72 % Say it's walkable to grocery stores

  • 68 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 61 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 51 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Anonymous
    "There are not many kids in the neighborhood and no kid friendly parks within 10 minutes."
    0
    Flag
  • Treshina Parks
    "There is a dog park. There are two spaces and they are separated by a fence. And people are very respectful. "
    0
    Flag
  • Kcchase5
    "I do not own a dog. But I see the dogs being walked around town and in the parks. As long as they are calm and not aggressive. "
    0
    Flag
  • Trulia User
    "what kind of education and attention their getting from school! Its beat to know what kind of ppl their hanging around, role models and inspiring ppl!"
    0
    Flag
  • Susan.kriner
    "We’re close to many public events at War Vets Park and Bradners Stadium. Too many to list! Far enough away to hear the echo’s but not have it overwhelmingly take over our daily life. "
    2
    Flag
  • Kristin B.
    "This is a great place to live and raise your kids. Police patrol regularly in crime is low. Recreational activities available as well"
    0
    Flag
  • Kristin B.
    "Recreational programs offered like ice skating, sports events, youth sport sign ups. Police patrol through the city often"
    0
    Flag
  • Kristin B.
    "I lived here for 10 years and it’s a great place to raise kids. House prices are reasonable and there is a heavy police presence protecting the area all the time"
    2
    Flag
  • Skbb18
    "Strollean - big fun party. Local breweries. Great fireworks. Cutco visitor’s center. Lots of parks. Beef and barrel restaurant."
    0
    Flag
  • Corinne Q.
    "Dogs are being walked all the time. The neighborhood is quiet and peaceful. There are sidewalks which are well maintained and neighbors are friendly. "
    0
    Flag
  • Katlyn L.
    "Incredibly walkable, which is great for teenagers and people without cars. Some areas are not great traffic wise but that's to be expected."
    1
    Flag
  • TZ
    "I just moved out of the city but lived there in my last house for ten years. My neighbors became my friends. We helped each other and looked after each other. Everyone on our block maintained their homes and yards well. It was a great West End neighborhood. Plus, it was convenient to everything - grocery, bank, gym, restaurant, movie and even the liquor store!"
    0
    Flag
  • Kelly
    "Restaurants, groceries and retail shops all within easy walking distance but with the river nearby there is a country-feel too"
    0
    Flag
  • Robert W.
    "I have lived here for almos 40 years and have never encountered neighbors like these. These neighbors drive past our house blowing their horns at obscene hours of the day, they tell obscenities at me and my mother and claim they are "vigilantes" carrying out "mob rule." We have had enough of the harassing comments, destruction of our property, and the camera pointed off their house and into my bedroom. Someone moving into Fountain Street beware."
    14
    Flag
  • Bob K.
    "there are many families and many grandparents in this neighborhood. There is a nice playground with ballground and basketball hoop. The park has a spotlight to illuminate at night ."
    0
    Flag
  • Karri E. J.
    "I work and live here. It's a great place to either retire or raise children. Downtown is only a couple of blocks away. The library is located a block away. "
    1
    Flag
  • Saadzmirza
    "A nice neighborhood with friendly people and scenically overlooks the Olean Metro Area. Some notable Olean residents live here."
    1
    Flag

Market trends in Olean

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
9MoM

Home Value

Trulia Estimate
$152K
Since last month
Decreased$5K (-3.4%)
Since last year
Decreased$14K (-8.3%)
Since last sale
Increased$23K (+17.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +179% in the last 10 years
MonthEstimated value
2026
September 2026$152K
August 2026$158K
July 2026$163K
June 2026$161K
May 2026$161K
April 2026$158K
March 2026$159K
February 2026$158K
January 2026$157K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1312 N Union St, Olean, NY
0.25
Multi-Family Home
$108,000
02/03/26
6
4
2,800
301 Coleman St, Olean, NY
0.37
Multi-Family Home
$84,900
04/17/26
4
3
2,764
201 Center St, Olean, NY
0.47
Multi-Family Home
$113,300
08/17/26
5
2
1,838
316 N 2nd St, Olean, NY
0.63
Multi-Family Home
$94,000
07/09/26
4
3
2,033
312 N 3rd St, Olean, NY
0.63
Multi-Family Home
$161,000
04/27/26
8
4
5,616
207 N 11th St, Olean, NY
0.89
Multi-Family Home
$123,000
05/11/26
5
2
2,452
605 N 1st St, Olean, NY
0.34
Multi-Family Home
$45,000
01/02/26
4
2
2,240
204 N Barry St, Olean, NY
0.87
Multi-Family Home
$155,000
12/01/25
8
5
2,950
315 Laurens St, Olean, NY
0.84
Multi-Family Home
$195,000
02/06/26
4
3.5
4,621

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
942 N 4th St, Olean, NY 14760
0.08
$63,800
2
1.5
876
Off Market
950 N Union St, Olean, NY 14760
0.03
$119,900
3
1
760
For Sale
935 N 4th St, Olean, NY 14760
0.11
$122,500
3
1
1,364
Recently Sold
110 E Forest Ave, Olean, NY 14760
0.05
$98,800
4
1
1,416
Off Market
1014 N Union St, Olean, NY 14760
0.06
$30,000
2
1
1,224
Recently Sold
1021 N Union St, Olean, NY 14760
0.08
$145,000
3
1.5
1,588
Recently Sold
1019 Spruce St #1, Olean, NY 14760
0.13
$40,300
5
4
2,608
Off Market
1101 N Union St, Olean, NY 14760
0.10
$71,000
2
1.5
1,608
Off Market
1025 Spruce St, Olean, NY 14760
0.13
$39,800
5
2
1,728
Off Market
1108 Maple St, Olean, NY 14760
0.12
$105,600
2
2
1,520
Off Market
N, Olean, NY 14760
0.11
$77,100
4
2
1,738
Off Market

Price and Tax history

DateEventPrice
Aug 29, 2026
Source: NYSAMLSs #R1710917
Listed For Sale
$159,900
Jul 5, 2022
Source: NYSAMLSs #R1354535
Sold
$129,000
Aug 2, 2021
Source: NYSAMLSs #R1354535
Pending
$119,000
Jun 1, 2018
Source: NYSAMLSs #R1092773
Sold
$67,000
May 10, 2018
Source: Agent Provided
Pending
$79,000

LGBTQ Local Legal Protections

Paul Pezzimenti, Howard Hanna Professionals - Olean, (716) 372-1155
Agent Phone: (716) 378-7039
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-09-22 12:55:54 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

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Frequently asked questions about 947 N Union St

  • What is the estimated monthly payment for 947 N Union St?
    Based on a $159,900 list price with 20% down at today's rates, the estimated monthly payment for 947 N Union St in Olean, NY is approximately $1,254 (about $853 principal & interest, $326 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Olean?
    Residents describe Olean, NY as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in Olean, NY.
  • What are the closest schools to 947 N Union St?
    The closest schools to 947 N Union St in Olean, NY are East View Elementary School (Pre-K, rated 3/10), Olean Middle School (Elementary, rated 4/10), Olean Senior High School (Middle, rated 6/10).
  • What is 947 N Union St estimated to be worth?
    Trulia's estimated value for 947 N Union St in Olean, NY is $152,100.
  • Does 947 N Union St have laundry facilities?
    Yes, 947 N Union St in Olean, NY has laundry facilities.
  • Is there a virtual tour of 947 N Union St?
    Yes, a virtual tour of 947 N Union St in Olean, NY is available.
947 N Union St, Olean, NY 14760 is a 6 bedroom, 3 bathroom, 3,536 sqft multi-family built in 1915. This property is currently available for sale and was listed by NYSAMLSs on Aug 29, 2026. The MLS # for this home is MLS# R1710917.